Lowes Wealth Management (LWM), in conjunction with WAY Fund Managers, is set to launch the Elite LWM East-West Value fund, the first sub fund of the Elite LWM Value Portfolio.
Headed up by Beijing-based Justin Lowes, the fund utilises a classical value strategy which, when deployed by LWM in its discretionary investment activities, returned 50pc between October 2005 and July 2008, outperforming the MSCI World benchmark index, which delivered 19pc. The fund focuses on 25 to 35 value companies from across the world. Among the holdings are a number of mining, oil and manufacturing companies, including Anglo American, ConocoPhilips, Antofagasta, Northrop Grumman and Sumitomo Electric. Lowes said: "The fund is focussed on tangible assets, where the risk is dimini...
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